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VAT data reporting obligations from 01 July 2018

In the following we briefly inform you about the changes regarding the VAT reporting obligation expected to enter into force on 01 July 2018.

Forrás: CONSULTATIO

According to the regulations currently in force, data reporting shall be reported in VAT statements of incoming and outgoing invoices (amendments affecting them) that reach HUF 1,000,000 or more.
Data that is affected by the reporting obligation are currently relatively restricted:

  • the company issuing the invoice in case of incoming invoices; the customer’s
  • tax number in case of outgoing invoices;settlement date on the invoice
  • tax base and the amount of tax on the invoice

As from 01 July 2018 this will change as per the following – according to the currently available information:

Outgoing invoices

I.
Type of invoice and characteristics: An invoice that is issued by an invoicing program to a Hungarian taxable person, which contains HUF 100,000 VAT or more.
Form and content of data reporting: This data reporting is realized by the online connection of invoicing programs, details of which we have already informed you earlier.
Data reporting deadline: Immediately

II.
Type of invoice and characteristics: An invoice that is issued from an invoice pad to a Hungarian taxable person, which reaches HUF 100,000 VAT or more but it does not reach HUF 500,000.
Form and content of data reporting: The data reporting of the substantive parts of the invoice that are defined in the VAT law is to be reported on the electronic platform provided by NAV.
Data reporting deadline: Within 5 calendar days from the invoice was issued.

III.
Type of invoice and characteristics: An invoice that is issued from an invoice pad to a Hungarian taxable person, which reaches HUF 500,000 VAT or more.
Form and content of data reporting: The data reporting of the substantive parts of the invoice that are defined in the VAT law is to be reported on the electronic platform provided by NAV.
Data reporting deadline: Within 1 calendar day from the invoice was issued.

Incoming invoices

I.
Type of invoice and characteristics: An invoice that contains HUF 100,000 VAT or more.
Form and content of data reporting: Data reporting is to be reported in the VAT statement, in which the incoming invoice’s VAT content is taken into account as deductible tax. The data concerned in data reporting is the same as the current ones.
Data reporting deadline: The deadline for data reporting is the same as the deadline for the submission of VAT statement.

II.
Type of invoice and characteristics: Invoices delivered by the same creditors, of which the aggregate VAT content is HUF 100,000 or more.
Form and content of data reporting: Data reporting is to be reported in the VAT statement, in which the incoming invoice’s VAT content is taken into account as deductible tax. The data concerned in data reporting is the same as the current ones.
Data reporting deadline: The deadline for data reporting is the same as the deadline for the submission of VAT statement.


Data reporting is to be reported also about the amendments and annulments that affect the above mentioned invoices.

So as from 1 July 2018

  • the limit of the data reporting obligation is falling significantly both by incoming and outgoing invoices, from VAT content HUF 1,000,000 to VAT content HUF 100,000.
  • In case of outgoing invoices
  • the content of the data reporting is expanding
  • the form of data reporting is changing (automatic immediate online data reporting in case of invoicing programs and manual online data reporting in case of invoices issued from invoice pads)
  • the deadline for data reporting is significantly reduced

So that the above presented legislative change does not cause an interruption in your company’s operation and bookkeeping or the increase of administrative burdens, we suggest you to:

  • supervise the applied billing practice and
  • contact the developer of the accountant program that is owned by you, however used by our colleagues.

We emphasize that the present Summary is based on the information that is available on 10 April 2018, as a consequence of which it may potentially happen that the foregoing will be amended before the legislation enters into force. However, due to the importance of the matter we considered it necessary to inform you, so that you can start to prepare for the expected changes in time.
Our present Summary is indicative, it contains general information; it does not constitute decision-making and comprehensive professional advice.
In this view, if you have any specific questions in relation to those laid down in the present prospectus, please contact our colleagues.

Budapest, 10th of April, 2018

Dr. Anikó Emese Boros, Tax advisor
Krisztina Gubicza, cert. tax expert

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